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Title:
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Informational Hearing – Land Value Tax
FOR the purpose of requiring the Department of Housing and Community Development, the Department of Finance, the Mayor’s Office of Small and Minority Business Advocacy and Development, and the Department of Planning, and inviting Live Baltimore, the Baltimore Development Corporation, the Maryland Department of Assessments and Taxation, and other relevant stakeholders to a hearing to evaluate the benefits of implementing a split-rate property tax system in Baltimore City, including its effect on absentee property ownership and speculation, vacant residential and commercial properties, owner-occupant homeowner property taxes, and housing production.
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